Impact of Stock Market Development on Economic Growth: Evidence from Selected Sub‑Saharan African Countries

Impact of Stock Market Development on Economic Growth: Evidence from Selected Sub‑Saharan African Countries

This paper examines the impact of stock market development on economic growth in Sub‑Saharan Africa using a balanced panel data of five selected countries over the period 1993 – 2013 and the system generalised method of moments dynamic panel estimation framework. The paper finds a positive impact of...

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Bibliographic Details
Main Authors: Daniel Kwabena Twerefou, Emmanuel Abbey, Emmanuel A. Codjoe, Peter Saitoti Ngotho
Format: Article
Language:English
Published: Mendel University Press 2019-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
stock markets
economic growth
generalised method of moments
market capitalization
turnover ratio
sub‑Saharan Africa
Online Access:https://acta.mendelu.cz/67/4/1071/

Internet

https://acta.mendelu.cz/67/4/1071/

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